Industry
December 15, 2020
Legal Cannabis Unlikely to Impact Atlantic City Casinos
New Jersey has legalized the recreational use of marijuana, but that’s unlikely to significantly impact the local gambling industry. New Jersey Legalizes Cannabis On November 3, the US State of New Jersey approved a Legislature bill that legalizes cannabis use. Currently, cannabis is legal only for medical use but recreational use will also be legalized […]
Business
December 10, 2020
Tipico Launches Its Proprietary Sportsbook App in New Jersey
Malta-based sports betting operator Tipico announced the launch of its sports betting app in New Jersey, marking its official entry to the US regulated market. Following a conditional approval by the state’s Division of Gaming Enforcement (DGE) in September and a soft launch in October, the full rollout now made Tipico’s proprietary sportsbook app available […]
Industry
December 3, 2020
Atlantic City’s Rating by Moody’s Remains at Ba3, Outlook Shifts to Positive
Moody’s has put on hold the issuer’s rating of Atlantic City due to the unstable economic situation, increased governance and social risk, as well as income inequality. Despite the ongoing challenges, its outlook has been improved due to the city’s casino property taxes programme, the growth in online gambling and the city’s continued efforts for […]
Sports
December 1, 2020
888 Sponsors EPL Broadcasting over the NBC Network
888 reached an agreement with US broadcasting network NBC to become a sponsor of its coverage of the English Premier League (EPL), ahead of the operator’s launch of the new Spectate sports betting proprietary technology platform across the US in 2021. Marketing Opportunities As part of its sports networks, NBC launched an NBC Sports app […]
Business
November 26, 2020
NJ CCC Signals the Go-Ahead for GNOG – Landcadia Merger
The online gaming arm of Golden Nugget received a boost from the New Jersey Casino Control Commission (CCC), as the regulator approved the combination between Golden Nugget Online Gaming (GNOG) and the special purpose acquisition company (SPAC) Landcadia Holdings II. Path to Merger Completion Cleared During its special meeting on Wednesday, the CCC signaled the […]
Industry
November 24, 2020
Covid-19 Restrictions Drag Down Atlantic City Gaming Profit by 37%
Casinos across Atlantic City saw their revenues decrease by more than 37% between July and September 2020 compared to the same period last year due to the continuing restrictions to curb the spread of the virus. The Industry is Recovering Slowly Casinos in Atlantic City posted net revenue of $629.3 million or a 32.3% decrease […]
Business
November 22, 2020
New Jersey Gaming Regulators Set Hearing for Golden Nugget’s New Online Gaming Venture
Golden Nugget has petitioned New Jersey’s gaming regulators to approve its merger with Landcadia II, in order to launch its new online gaming venture in the state. Special Meeting To Be Held Next Wednesday Golden Nugget Online Gaming Inc. has asked the state of New Jersey to approve its merger agreement with special purpose acquisition […]
Casino
November 20, 2020
AC Casinos Not Linked to COVID-19 Outbreaks, Says Gov. Murphy
At a briefing with state officials on Wednesday this week, Governor Phil Murphy revealed that the casino operators have managed their casino floors responsibly. Furthermore, the Governor noted that there is no evidence relating the recent outbreaks of positive COVID-19 patients and casinos in the state. Casino Operators Responsibly Manage Their Casino Floors During a […]
Industry
November 18, 2020
EveryMatrix Readies to Enter New Jersey with License Application
EveryMatrix has chosen New Jersey as the company’s entry-point in United States’ fast-developing iGaming market. Casino Solutions Provider EveryMatrix Eyes New Jersey Entry EveryMatrix is looking to break ground in the United States and has applied for a license from the New Jersey Division of Gaming Enforcement (NJDGE). The company seeks to introduce its industry-leading […]
Casino
November 15, 2020
The Borgata Reacts to New Restrictions with Staff Modifications
Atlantic City’s top casino, The Borgata, sent a letter to some of its members of staff Friday afternoon, to inform them that they are either laid off or would face a reduction in working hours. The cuts are undertaken by the casino in response to the latest restrictions on indoor dining imposed by Gov. Phil […]